Newj Bridgewater Pba Local #174

Nonprofit profile at a glance

EIN
226088295
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Bridgewater, NJ, USA
Phone
9087224111
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Domestic Fraternal Societies

Reported finances

Revenue
$126,540
Expenses
$139,773
Assets
$331,521
Liabilities
$2,500

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MICHAEL COLETTA (PRESIDENT)
  • STEVE BLACK (VICE-PRESIDENT)

People named in this filing

  • MICHAEL COLETTA (PRESIDENT)
  • STEVE BLACK (VICE-PRESIDENT)
  • MICHAEL MACCHIA (FINANCIAL SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide benefits to its members & promote community relations.

What it reported doing in 2024

To further strengthen interests of its membership through seekingimproved work terms and conditions; to aid members as needed; to provide legal representation; and, to promote community relations.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98%; rating input score 98
  • Program expense ratio: 88.7%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -10.5%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.37; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 98% of revenue deployed · 88.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $124K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.